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Airport Industry Review: Issue 5

2013-02-05 11:48:00| Airport Technology

In this issue we ask why cyber security could become a major issue for next-generation ADS-B aircraft tracking systems. We also explore 3D holographic radar technology, Qatars troubled new airport and whether avatars could become the airport staff o

Tags: review issue industry airport

 

KPN plans rights issue after weak Q4 results

2013-02-05 09:11:00| Telecompaper Headlines

(Telecompaper) KPN saw results deteriorate in the fourth quarter, mainly due to strong competition on the mobile market. Revenues fell 3.0 percent, or 2.4 percent on an underlying basis, to EUR 3.27 billion (including EUR 221 million in book gains). EBITDA fell 15 percent (underlying -16%) to EUR 1.12 billion, with the EBITDA margin losing almost 5 points to 34.2 percent. The operating result was EUR 129 million (-70%), and the net loss EUR 160 million (EUR 0.11 per share). The company's (reduced) targets for 2012 were reached as a whole, helped by asset sales. In the Netherlands, KPN said matters were stable; Germany meanwhile is heading towards a lower margin and lower sales growth. KPN said it will be forced to hold a rights issue of EUR 4 billion to strengthen the balance sheet. The operator has also formulated some new goals. For example, the Dutch broadband market share must be at least 40 percent and reach even 45 percent in the longer term. The mobile market share must be at least 40 percent. KPN has not excluded further job losses after 2013 as part of its efficiency measures.

Tags: rights results issue plans

 
 

Dallas preparing to issue $12.8M grant to secure another parking garage for Victory Park

2013-02-04 17:43:48| IT Services - Topix.net

This morning, the City Council's economic development committee is getting a look at the latest plan to boost development in Victory Park - a place that hasn't yet lived up to its promise but that should be, and maybe someday could be, a vibrant and important downtown neighborhood.

Tags: issue park secure grant

 

Entergy, SMG Issue Statement Regarding Power Issues at Mercedes-Benz Superdome

2013-02-04 11:29:06| Energy - Topix.net

NEW ORLEANS, Feb. 4, 2013 /PRNewswire/ -- The following is a joint statement from Entergy Corporation and SMG, the management company of the Mercedes-Benz Superdome, regarding the partial power loss during the Super Bowl in New Orleans: Shortly after the beginning of the second half of the Super Bowl in the Mercedes Benz Superdome, a piece of ... (more)

Tags: power issues statement issue

 

Entergy: Super Bowl Power Outage Was A Dome Issue

2013-02-04 07:19:34| Energy - Topix.net

Entergy says it wasn't an issue on its end that caused half of the lights to go out inside the Superdome during the Super Bowl, but a problem with the Dome's electrical system that caused the outage.

Tags: power issue super bowl

 

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